Viewpoint: Unless holding BTC or stablecoins entirely, investors should stay actively focused on market dynamics.

PANews reported on April 4 that crypto analyst Miles Deutscher tweeted that the “problem avoidance” mentality is the biggest killer in the crypto industry. He admits to losing millions of dollars during this cycle due to negligence in locking in profits and failing to identify risk signals in a timely manner. He pointed out that when the market is good, it is easy to let down your guard due to fanaticism; When the market is in a downturn, you may neglect portfolio management due to avoidance, missing out on buying opportunities or necessary risk aversion. Miles shared a personal example where he anticipated the weakening trend of the dollar but failed to hedge adequately, resulting in significant losses in forex trading. He emphasized that actions are more important than opinions in investing and advised investors to remain objective and continuously assess risks and opportunities. He also mentioned that avoiding looking at a losing portfolio might be a form of avoidance psychology, but this only exacerbates the problem, as portfolios require ongoing management. He believes that unless one fully holds BTC or stablecoins, investors should actively pay attention to market dynamics.